Posts in energy policy
- All the talk of Hurricane Isaac and the RNC has so far failed to notice the gaping hole appearing in what is not only the Romney/Ryan energy platform but also the platform of the entire North American oil and gas industry. And frankly, while politicians might be forgiven (and I mean might) for not fully...
Continue reading 'Fires, storms and the energy independence myth'.
- If you believe the press reports, you’d think that the oil industry was hurting of late, what with the headlines coming out of the most recent quarterly earnings reports saying things like, “Exxon and Shell Earnings Disappoint,” and “Occidental quarterly profit lower”, and “Chevron 2nd-Quarter Profit Off 6.8%; Upstream Earnings Fall”. These headlines paint a...
Continue reading 'Oil companies continue to profit at the expense of our future'.
- The US House of Representatives voted on H.R.4480: the Strategic Energy Production Act earlier today. The vote passed 248-163. Once again, dirty energy money interests have prevailed. Those voting in favor of the measure have taken over $52 million from the oil, gas and coal industries since 1999, and almost $11 million in this Congress...
Continue reading 'Dirty Energy Money Buys Yet Another House Vote: H.R.4480'.
- Some good news: The Environmental Protection Agency issued important rules to address air pollution from natural gas drilling, primarily fracking. Less good news: Bending to pressure from Big Oil, the measures won’t go into effect until 2015. The regulations will require that new wells capture certain smog-forming compounds, as well as methane, which is a...
Continue reading 'New EPA Regs Address Fracking…in 2015'.
- And so it goes on. Any regular reader of this blog will know that the good old boys at the American Petroleum Institute (API) often pluck magic figures out of the air to over-inflate the importance of the oil and gas industry to the economy. They also often distort key debates on offshore drilling and...
Continue reading 'Beware the Oil Industry’s Voldemort'.
- As the International Energy Agency warns that world oil markets face a “bumpy ride” in the months ahead, Barack Obama has being trying to defend his energy policies. His defence comes at a time when rising gas and energy production prices look increasingly likely to be become a key election issue in November, with his...
Continue reading 'US Oil Boom “Increases Energy Vulnerability”'.
- OK there is only one story in town this week in Washington. With just hours to go the House of Representatives has just passed a last minute bill to raise the US borrowing limit, preventing the markets free-falling. The Senate is now expected to follow suit. The immediate reaction from the Democrats is anger that...
Continue reading 'Congress is “Most Anti-Green” in History'.
- Another day and another review has been ordered into the controversial technique called fracking. Last week, the Governor of Maryland established the “Marcellus Shale Safe Drilling Initiative”, which will review the safety of the drilling technique for natural gas from the Marcellus Shale in Western Maryland. “We are also very concerned about an array of...
Continue reading 'UK Gov Dismisses Fracking Inquiry Call'.
- The last time that America’s pro-wind lobby came together for its regular get-together was in California in 2007. That time there were 5,000 attendees and the installed wind capacity in the US was 17 gigawatts. Four years later and on the surface it is a success story for America’s pro-wind lobby. Yesterday saw the opening...
Continue reading 'Dash for Shale Gas Undermines Wind'.
- Just last week, a study by the European Centre for Energy and Resource Security concluded that unconventional gas resources in Europe – such as shale gas – could radically reshape the continent’s oil and gas outlook, and reduce its dependency on Russia and the Middle East. The report said that, in theory “Europe’s unconventional gas...
Continue reading 'France to Say “Non” to Fracking'.
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